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Oracle 1Z0-1049-26 Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Elements, Balances, and Formulas	15%	- Configure balances and formulas for compensation - Explain element classifications and eligibility
Topic 2: Total Compensation Statements	15%	- Generate and manage compensation statements - Define statement definitions and items
Topic 3: Base Pay Configuration	25%	- Set up salary basis and components - Manage grade rates, salary ranges and progression ladders - Configure compensation zones and base pay structures
Topic 4: Individual Compensation	20%	- Define and configure individual compensation plans - Set up approvals, history and eligibility
Topic 5: Workforce Compensation	25%	- Budgets, models, worksheets and cycles - Plan design, setup and configuration - Performance ratings, approvals and administration - Validation, batch processes and change statements

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Oracle Compensation Cloud 2026 Implementation Professional Sample Questions (Q163-Q168):

NEW QUESTION # 163
What are the two correct options with respect to budgeting when the salary has multiple components? (Choose two.)

A. Multiple components can have a single budget.
B. Budgets cannot be separate for each component.
C. Budgets can be separate for each component.
D. Multiple components cannot have a single budget.

Answer: A,C

Explanation:
If you use budgeting, you can have separate budgets for each component or link multiple components to a single budget. You can also link budgets to off-cycle compensation plans. For example, you can give a manager a single annual budget amount and draw both focal and off-cycle awards from the same budget pool. Once you enable budgeting, you configure how data displays on the budget page, such as data display order, available menu actions, and text instructions to the managers. Also, you can copy a budget page layout from another plan.

NEW QUESTION # 164
Which three statements are true regarding plan cycles? (Choose three.)

A. All active plans are available to be cross-referenced, even plans with no started cycles.
B. You can display a target amount or custom score from a previous plan cycle in the current plan cycle.
C. Active plans are available to be cross-referenced, except plans with no started cycles.
D. You can reference a plan within itself to display values from a previous plan cycle in a subsequent cycle.
E. You cannot display a target amount or custom score from a previous plan cycle in the current plan cycle.

Answer: A,B,D

Explanation:
All active plans are available to be cross referenced, even plans with no started cycles. You can also reference a plan within itself to display values from a previous plan cycle in a subsequent cycle. For example, you can display a target amount or custom score from a previous plan cycle in the current plan cycle so that managers are aware of that data when making a current compensation decision.
You cannot select a default value for a column by cross-referencing a column from another plan if you have selected values for the Default Value, Default and Override Formula, or Compensation Derived Factor fields on the Configure Column Properties dialog box.

NEW QUESTION # 165
You want to use the Workforce Compensation Budget pool for a workforce compensation plan. Select the tasks to be performed, in the correct sequence. (Choose the best answer.)

A. Run the Start Compensation Cycle process, Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details.
B. Create the workforce compensation plan, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Configure the workforce compensation plan details, Run the Start Compensation Cycle process.
C. Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Run the Start Compensation Cycle process, Create the workforce compensation plan, Create at least one worksheet compensation component and associate the budget pool with it.
D. Create the workforce compensation plan, Configure the workforce compensation budget pool, Configure the workforce compensation plan details, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process
E. Create the workforce compensation plan, Configure the workforce compensation plan details, Configure the workforce compensation budget pool, Create at least one worksheet compensation component and associate the budget pool with it, Run the Start Compensation Cycle process.

Answer: E

NEW QUESTION # 166
Which two tasks are performed by compensation managers while determining budgets? (Choose two.)

A. Manually calculate budget amounts or automatically determine budget amounts by using a model.
B. Publish budgets to line managers to distribute budgets down the reporting hierarchy or to allocate budget amounts at the employee level.
C. Determine budget amounts offline by downloading budget details to a spreadsheet.
D. With administrative budgeting, enable managers to award compensation within their allocated budget amounts by automatically publishing budget amounts.

Answer: B,D

NEW QUESTION # 167
A corporation is implementing Oracle Fusion Workforce Compensation. Different currencies are set at the Legislative Data Group level, the Organization payment level, the Bank account level, and the payroll element level.
The currency shown while configuring salary basis comes from which level? (Choose the best answer.)

A. From the Organization payment level, because the compensation is finally paid through this
B. From the input value of the payroll element
C. From the Legislative Data Group level, because that is the highest level in the hierarchy.
D. From the Bank account level

Answer: C

NEW QUESTION # 168
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